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【$DOGE Signal】1H retraces to the middle of the 4H channel, long positions are being accumulated
$DOGE Current price 0.1096, the 4H Bollinger middle band around 0.1102 faces slight resistance, 1H MACD shows a death cross but volume bars are converging, orders are densely clustered in the 0.1085-0.1090 range, indicating clear support from funds. I personally believe the risk-reward ratio has reached 2.0, making it worth betting on a continued rebound.
🎯Direction: Long
⚡Entry/Order: 0.10848 - 0.10999
🛑Stop loss: 0.10761
🚀Target 1: 0.11474
🚀Target 2: 0.11712
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Deep logic: 4H RSI at 49.72, not overbought, funding rate at 0.01% is neutral, open interest is stable. If the retracement near 0.1085 sees volume rebound, a small double bottom will form on the 1H chart.
View real-time market 👇 $DOGE
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